Hengan International Group Company Limited (OTCMKTS:HEGIY) Sees Large Increase in Short Interest

Hengan International Group Company Limited (OTCMKTS:HEGIYGet Rating) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,400 shares, an increase of 240.0% from the April 30th total of 1,000 shares. Based on an average trading volume of 23,600 shares, the short-interest ratio is presently 0.1 days.

Separately, Zacks Investment Research upgraded Hengan International Group from a “strong sell” rating to a “hold” rating in a report on Tuesday.

Hengan International Group stock traded up $0.34 during mid-day trading on Thursday, hitting $23.30. The stock had a trading volume of 10,807 shares, compared to its average volume of 16,719. The stock has a 50-day simple moving average of $23.46 and a two-hundred day simple moving average of $24.84. Hengan International Group has a 12 month low of $22.20 and a 12 month high of $35.32.

The business also recently announced a dividend, which will be paid on Tuesday, June 21st. Shareholders of record on Tuesday, May 24th will be paid a $0.4995 dividend. This represents a yield of 5.21%. The ex-dividend date of this dividend is Monday, May 23rd.

Hengan International Group Company Profile (Get Rating)

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and swabbers, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.

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